KeepKey Announces Dash Integration
KeepKey, creator of the world’s most secure hardware wallet for cryptocurrencies, today announced an integration with Dash, the rising alternative to bitcoin. The partnership means users and investors will be able to store their Dash on the KeepKey device away from the risk of hackers and digital thieves, and through the inbuilt ShapeShift function, swap […]
KeepKey, creator of the world’s most secure hardware wallet for cryptocurrencies, today announced an integration with Dash, the rising alternative to bitcoin. The partnership means users and investors will be able to store their Dash on the KeepKey device away from the risk of hackers and digital thieves, and through the inbuilt ShapeShift function, swap between other cryptocurrencies like bitcoin, ethereum, namecoin, litecoin and dogecoin. Dash, currently seventh on the most valuable digital asset list with a market capitalization of more than $120 million USD, is in huge demand, particularly for its real world use cases, its effective governance model, and its InstantSend transaction capability. In September and October this year, the average 24 hour volume trading of Dash was approximately $680,000 USD; in November and December, that amount nearly doubled, and now in the opening quarter of 2017 it’s averaging close to $2 million USD per day.
CEO of KeepKey Darin Stanchfield said, “Partnering with Dash is the natural next step for KeepKey since our wallet is purely focused on security, mobility and convenience; attributes that Dash shares. KeepKey protects digital assets from hackers by limiting their exposure to the internet. With this integration, we are extending our utility, and adding one more asset users can transfer to or from directly on our device.”
Dash Director of Finance Ryan Taylor said, “As the ecosystem of services integrated with Dash continues to grow and mature, solutions to ensure user funds are stored as securely as possible is more important than ever. Because of Dash’s unique capabilities and the announcement and execution of our software upgrade, we’ve experienced triple digit price appreciation, so many of our users will love having this option available to secure the growing value of their Dash.
“We partnered with KeepKey because we aim to create the best overall experience for our users. The peace of mind and convenience that KeepKey can provide makes them a valuable addition to our family of partners. Their products also align well with our belief that the user experience should be a focus.”
This beta release means KeepKey users will be able to receive, store and send Dash on their device; Dash’s PrivateSend and InstantSend functions will not yet be supported.
“We like to listen to the community and implement new technology in response to community requests and feedback. While hacks in today’s global information age are pervasive, and so too is the rise of cryptocurrency, more and more people are investing in a digital vault for their valuable cryptocurrencies. Crypto assets vary in their characteristics, and attract the use of different audiences for different reasons. One thing we are certain of though is the trend for investing and holding multiple types of assets is becoming increasingly popular and KeepKey helps makes this both simpler and safer,” Stanchfield said.
Since the start of this year, the entire cryptocurrency market has doubled in value, from $7 billion USD in January 2016 to over $19.9 billion USD now.